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Balancing Intuition and Data: The Dual Pillars of Product Innovation

helloFUTURE

In the rapidly evolving landscape of product innovation, two guiding forces emerge: intuition and data. Intuition, with its roots in gut feelings and experiential wisdom, seems almost archaic when placed beside the cool precision of data. At first glance, these might appear contradictory.

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Digital transformation marks the demise of product innovation

Jeffrey Phillips

I'm going to stipulate that the business cycle and innovation are at a tipping point. For close to 20 years (dating approximately from when Jobs returned to Apple) we've been living in the product innovation era. Innovation hasn't delivered on its promises in many cases. First is corporate, especially executive cynicism.

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Improve Product Innovation with Internal and External Feedback

IdeaScale

Customers are integral to the product innovation process.?. Product innovation is all about new ideas from both your employees and your customers. Trying to develop a new product without input from your customers is akin to shooting arrows in the dark. Why and How to Get Employees Involved in Product Innovation.

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How Different CPG Companies Are Leveraging Big Data & Analytics for Marketing and Product Innovation

Acuvate

How Different CPG Companies Are Leveraging Big Data & Analytics for Marketing and Product Innovation Compared to businesses in other industries, the ones in the Consumer Goods (CG) industry spend a colossal amount of money on marketing and advertising.

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Can We Have One of These? A Product Innovation Platform

Paul Hobcraft

The Whitepaper called “ Product Complexity, Digital Transformation, and the Innovation Imperative- The race to reinvent how complex products are developed is here “ This made me a little jealous and a little wishing that ‘we’, across the whole of innovation management , could not have one of these platforms available today.

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What to innovate now

Jeffrey Phillips

From new medical devices to new banking products, to new consumer appliances and more, I've worked on a number of innovation projects in a wide range of industries. Over time, as innovation has matured somewhat, many innovation consultants began to reference Doblin's Ten Types model.

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Driving the Next Era of Growth: Leveraging Data to Innovate

Innovation Excellence

GUEST POST from Teresa Spangler “50% of US executives and 39% of European executives said budget constraints were the primary hurdle in turning Big Data into a profitable business asset. Rounding out the top 5 challenges were data security concerns, integration challenges, lack of technical expertise, and proliferation of data silos.”

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